Restaurant Brands (QSR) Q1 revenue tops expectations as system-wide sales rise

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Restaurant Brands International Inc. Reports First Quarter 2024 Results

April 30, 2024 6:30 AM EDT

Consolidated system-wide sales grow 8.1% year-over-year
Global comparable sales of 4.6% driven by 7.5% at TH Canada, 4.2% at BK International, 3.9% at BK US and 6.2% at PLK US
Solid growth in system-wide sales translates into bottom-line growth for franchisees and the Company 
$300 million expanded remodel program at BK US puts business on path to reach 85% to 90% modern image by 2028

TORONTO, April 30, 2024 /PRNewswire/ -... More

Burger KingĀ® Announces Additional Investment to Achieve 85%-90% Modern Image in U.S. Restaurants by 2028

April 30, 2024 6:25 AM EDT

$300M new co-investment with Franchisees to deliver modern restaurant image in 85%-90% of U.S. Burger King® restaurants by 2028

MIAMI, April 30, 2024 /PRNewswire/ - Burger King Company LLC ("Burger King", "BK", "Company") today announced an additional $300M investment to accelerate the modernization of Burger King® restaurants across the U.S. This comes after BK announced $250M in modern image, technology and new kitchen... More